PANTZER PROPERTIES: ANNAPOLIS EDITION

Pantzer Properties has acquired the 300-unit, Class-A apartment community at 1901 West St in Annapolis from an institutional investor. (Best amenity: the built-in protection from the 4,400 midshipmen just down the road.)
Jason Pantzer (whom we snapped with colleague Jordan Pantzer in their NYC office) tells us the property will be renamed The Point at Annapolis; Bozzuto had been property manager, but Pantzer?s Panco Management will take over. Pantzer acquired almost $600M worth of properties last year, including the 2,850-unit Magazine portfolio across suburban DC, 308 units in Laurel now called The Point at Laurel Lakes, and the B note on DC?s 190-unit Ellington. It also owns Laurel?s FoxFire Apartment Community.

Jason says Fort Meade has helped demand in the area between DC and Baltimore, and Annapolis is simply a beautiful place to live, especially for dual-commuting (DC and Baltimore) households. HFF?s Alan Davis, Dave Nachison, and Brenden Flood brokered the deal on 1901 West St (above), and their colleagues Cary Abod and Calvin Jones arranged the financing with Freddie Mac.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Developers Line Up To Convert Boston Offices To Housing, But Most Still Stuck At Starting Gate

Nike Closes 15 Stores Amid Tumultuous Year

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

The Fast-Food Exec Taking Her Real Estate Talents To The Looksmaxxing Era

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

State's High Court Allows $325M Boston Soccer Stadium Project To Proceed

TJ Maxx Parent Plans To Accelerate Store Openings In 2027

Ashley's Frasers Sets £20B Real Estate Acquisition Target